Navigate today’s most pressing health industry challenges with a leading global expert by your side.
ACO utilization & cost evaluation
Healthcare cost modeling
Insurance risk assessment
Medicare plan selection solution
Healthcare risk adjustment
Pharmaceutical claims analytics
Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Property & casualty advisory services
Modern flood insurance program
Investment, advisory & trading services
Financial modeling & industrialization
Geographic rating insights
Premium comparison platform
Retirement & Benefits
Deliver on the promises of the past and create smart solutions for the future.
Pension administration & communication
Retirement benefits administration platform
Compensations & benefits
Benefit plan evaluation
Health & welfare benefits administration platform
Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
Auto policy underwriting
Software performance enhancement
Mortgage platform for investments & reinsurance
Solvency II reporting & compliance
This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are.
Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security.
Retirement plan enrollment can overwhelm employees and discourage them from participating in benefits. Our mobile app targets and reduces choice aversion among participants, helping increase enrollment rates and maximize plan value.
Plan sponsors face a challenge when engaging employees in retirement plans. What’s the best way to get employees to enroll, select investment elections, increase deferral rates, or defer at a rate that will help employees save for retirement?
To employees, enrollment decisions can seem overwhelming. Employees who do not feel financially savvy might avoid enrolling in a plan rather than deal with difficult choices. For employers, higher plan participation rates can make benefits more cost effective, and can help ensure a plan’s regulatory compliance. In the past, employers who wanted to increase participation rates developed a strategy using automatic plan enrollment and default investment elections. In addition to these methods, Milliman now offers plan sponsors with a free mobile app that boosts employee engagement.
Milliman’s mobile app is designed to address employee engagement from a behavioral standpoint. Our simple interface allows employees to make a few key decisions about their retirement account. Our tool allows:
Our mobile app pairs with our other tools. Our PlanAhead for Retirement™ tool shows employees any potential shortfall in their retirement savings, so it’s never been easier to demonstrate the need for retirement savings. Our open architecture can help your retirement plan committee choose the appropriate default investment. And with tools like InvestMap, we can simplify investment choice by pairing an employee’s time horizon for retirement with their own risk tolerance.
It starts with participant enrollment, and from there, we can help you offer employees a range of options that educate plan participants and help them meet their retirement savings goals.
This video offers perspective on how Milliman's mobile app technology is helping retirement plan participants and sponsors meet their needs.
This second video highlights the mobile benefit app's upcoming functionality and transaction enhancements that will further boost employee engagement.
Ask the tough questions. We’re ready for them.